The Supreme Court of India has taken down the Reserve Bank of India’s (RBI) controversial ban on banks’ dealings with crypto-related firms imposed nearly two years ago. The court’s bench of three judges decided on Wednesday in favor of the petitions of crypto exchanges and startups. The RBI made a decision in April 2018 to…
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LeapRate exclusive... The Exness Group just broke another volume record last month. The company announced that its trading volume for February is US$473.8 billion, up 13% MoM. LeapRate reminds that January was reported to be the highest month in volumes, since the company's creation back in 2008. Here's what Maria Federova, COO of Exness, commented…
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ActivTrades’ Market Analysts prepared their daily commentary on traditional markets for March 4, 2020. This is not a trading advice. See details below: FOREX Yesterday the dollar lost more than 1% to the Japanese yen, reflecting the Fed’s emergency rate cut of half a point, as well as a flight to safety with investors seeking…
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Forex trading platform OANDA, announced yesterday the strengthening of its partnership with Dublin-based FinTech firm Chasing Returns. OANDA’s platforms will be able to offer now expanded suite of capabilities, utilizing behavioural science research to help improve trading performance. The collaboration expands on the already integrated in 2018 Chasing Returns’ risk management technology into OANDA’s trading…
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UK watchdog FCA has put out the details of several unregulated companies and clone firms this week. The names of the latest additions to the regulator’s warning list are the companies Rogerfin, Currie Consultancy Group, EasyLoan4U, Leonreed Limited / Leonne International, IVL Leasing Limited, Euro 2 Pocket, Euro 2 Pocket / Euro2Pocket, Cleantech Europe Escrow LP, Montague Capital Investments Ltd, Private Wealth Management…
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Australia’s central bank has announced today that it has cut its benchmark interest rate by a quarter of a percentage point to a record low of 0.5%. Nonetheless, the new coronavirus continues to drive markets, with Asian stocks in retreat overnight. Ahead of an expected move by the Fed, the RBA has acted to shore…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for March 3, 2020. Analysts’ hopes that the Federal Reserve will step in with interest rate cuts and stabilise markets sent shares soaring yesterday, with the Dow Jones Industrial Average jumping 5.1% to deliver its best day since…
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Refinitiv, provider of global financial markets data and infrastructure, announced yesterday the acquisition of Scivantage, a Software as a Service (SaaS) developer in the fintech market. Refinitiv has been committed to wealth management industry and the acquisition is a step towards creation of next-generation digital solution, providing data and technology to drive user engagement. Refinitiv’s…
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Fintech company Integral released its volumes report for the first month of 2020. Average daily volumes (ADV) across Integral platforms totalled $39.9 billion in February 2020. This represents an increase of 12.4% compared to January 2020, and 19.8% increase compared to the same period in 2019. Banks, brokers, and asset managers now share direct access to…
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Increased volatility of financial markets in the last week of February lead to increased volumes compared to previous years on Deutsche Börse’s cash market platforms. February cash market turnover amounted to €183.0 billion (€116 billion for the previous year), marking a 60 % increase. 2.8 million orders were executed, achieving trading volume of €18.6 billion,…
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